Well?
Well?
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Because I'd just give it all to my children before I died and the state would get zero.
why should welfare fags acquire parents wealth instead of their own family?
She has no children of her own.
>100% inheritance tax
You'll be seeing a whole hell of a lot of boating accidents and building fires. You can't tax something that doesn't officially exist.
What retard put this in an image?
since OP is a faggot: archive.is
also
>That’s money that no living being has a moral claim to, according to standard justifications of wealth inequality and private property.
is literally the most vapid argument I have ever seen. Perhaps I should go into "journalism". Seems like an easy paycheck.
Because all the rich people will just move all their assets to places that don't have such a retarded laws.
>Soviet Union pledges to redistribute the wealth
>also all the rich people left
>so we're taking it from the middle class now
>Nazi Germany pledges to take all the money from the Jews
>all the rich Jews left years ago
>take it from the poor Jews and business owners
You can't tax the rich if the rich don't want to be taxed. The benefits of being there must outweigh the costs, or they'll just find somewhere else to set up shop, because they have the capital and assets to just go wherever the hell they want.
Why don't we put a bullet in her head and put an end to one useless person? I'm not having my assets distributed to shitskins when I die.
Because the welfare state is immoral
Because it would destroy generational wealth transfer which is an important part of social mobility.
What about assets that aren't as easy to tax as the monopoly money that the government shits out like a power bottom with dysentery? Would the government just seize your house and all your furniture after you die?
Because everyone would start putting their money into trusts when they were 95 and on their deathbed, and the trust would then execute their will.
And people have a right to work for their children. Perhaps children don't have the right to live off of someone else's labour, but people absolutely have the right to work hard so their children don't have to grow up in poverty.
>be trust find baby
>agitate to destroy trust funds
?????
They're called useful idiots and if you hang out with trust fundies you'll find they're more common than you think.
>Tax you when you make it.
>Tax you when you spend it.
>Tax you when you transfer it to others.
>Tax you when you die.
By the author's logic the sum total of your economic efforts belong to the state. You are merely creating the funds for later.
m.youtube.com
Milton knows best
3 Then took Mary a pound of ointment of spikenard, very costly, and anointed the feet of Jesus, and wiped his feet with her hair: and the house was filled with the odour of the ointment.
4 Then saith one of his disciples, Judas Iscariot, Simon's son, which should betray him,
5 Why was not this ointment sold for three hundred pence, and given to the poor?
6 This he said, not that he cared for the poor; but because he was a thief, and had the bag, and bare what was put therein.
If all your money gets taken upon death, you spend all your money before death...
I would light my money on fire before I gave all of it to a nigger.
>poor Jews
>poor
>Jews
>implying
Because every single parent would join the coup d'état.
Personally I think about $3 Million should be exempt from inheritance tax but after that a rate of about 30% would be fair. Otherwise we have a perpetual Aristocracy who owns everything forever. 100% is ridiculous obviously.
I'll shoot you for that
>guy dies with $12 bucks
>state gets it
Sounds great!
>advocating for zog to rob the entire wealth of the country
JUST
Who in their right mind would work in a system which takes away all your money when you die?
...
inheritance tax is the most evil of all taxes
For everyone who took this seriously this is Godfrey Elfwick's new account.
It's a troll.
>not knowing about trusts
>thinking this will work
lols
>Implying wealth will exist in taxable form for long
>Implying my income isn't going into Bitcoins/Ethereum
Try to tax me now you retarded faggots
I say 30% inheritance tax is perfectly acceptable.
Assuming you are the richest of the rich. 30% taken from you means little to nothing. You are still well within the richest of the rich percentage.
You could easily take that money. Reinvest it, hell hire people to reinvest it for you. Make all the money lost back within a very short time.
The only people it would hurt is the middle class though.
When you only have 100k dollars to give to your child, 30k dollars is in perspective a shit ton of money.
>(((your))) property after you die
>pretending to believe in capitalism and individual freedom, while giving all your shit to an ingrate who didn't earn any of it
Fuck your cognitive dissonance
Because the property's I have inherited have constantly generating funds for my county for over 200 years and I am just as invested into them as my parents, grand parents, and great grand parents.
>ethereum
How dumb can one man be?
>Be on my death bed
>Gift my children all vast quantities of gold and stocks
>Die
>Kids cash in gold and stocks
OMG HOW DID HE HAVE NO MONEY?????
Who are these rich you talk about? Normal people scrimp and save their whole lives to pay for a house and leave somethhin for their children in hopes thell have a better life. Are you
It's my shit to give to whom I please, and eat a bag of dicks if you think otherwise.
I would burn it all before letting the state have it, purely out of spite.
Ask any estate planner. The goal already it do die broke. Most people dont, but they certainly would learn quick.
Ok then I'll just spend all of my money before I die. I go on a shooting spree in the capital when I'm 90 and burn all of my money
>this site
>Personally I think about $3 Million should be exempt from inheritance tax
fuck off, if anything it should be bumped up to something like 8-10
So if the property is handed down over 4 generations the inheritance taxe paid would be equal to 120% of the property value?
>all the SMART Jews left years ago
ftfy
Third time today you've posted this Abi. Sup Forums isn't going to help you get a salary position. Now post them titties or fuck off.
The money has already been taxed. Part of what drives people to produce and be productive is the prospect of giving their children the most before they die. With this, they will just spend everything before they die, rather than save for their children. Some old Greek proverb goes like "Society prospers when old men plant trees whose shades they will never sit in". Paraphrasing.
An inherited gets thinned out amongst future generations because each generation has exponentially more descendants. The Rockefeller and Hearst fortunes don't pay out much anymore because of the hundreds/thousands of descendants that it needs to be split among.
If there was a 100% inheritance tax people would leave nothing to inherit. Leftists fail to understand how the economy works because they ignore the impact that incentives and disincentives have on behavior. They believe that everyone's behavior will always remain constant, which isn't remotely true.
>This dumb cunt gets inheritance.
>"Taxes aren't fair!!!!1111 :("
Also as someone who inhereited almost 1 million from my grandfather she can fuck right off.
He didn't save that money to fund her ass. He saved it for his bloodline.
parents will give their money before they die you retard
Why the fuck would anyone work hard if the govebrment was going to take away everything from the children when you die?
Fuck this dumb bitch
I agree. Just because you're the son of a rich guy doesn't mean you did anything to deserve that wealth. Maybe not fund welfare, fund the government in general (niggers can work for their money like everyone else). The only people who care about shit like inheritance taxes and estate taxes are the people fucking us over.
All I'm saying is that those funds could enable an almost equal starting point for children, such that the strongest do survive (without the influence of their parents' sins) and the weakest pass away. I'm not a gommie like op; I don't think an adult should have any gibs. I just think that programs for youth could normalize differences in starting points to better simulate 'Natural law.'
But sure, let's promote dysgenics and oligarchy instead of freedom.
guaranteed this bitch is disowned and has no children
So you're saying being born into a certain family means all future descendants should be wealthy. With no inheritance tax the family could rent out property and pass any real estate tax increases onto tenants forever.
Kek
Children are not a direct extension of their parents, therefor an adult can not simply give his son his entire wealth, that kid must earn it as he is his own individual.
>im not a commie
>i'm just advocating taking your wealth and redistributing it after you die that's all
That soviet union groupthink must be seeping into your brain
This is why you need a certain level of exemption from taxes maybe $2 to 3$ Million or so.
If America is a meritocracy where hard work wins every time, why is the generational transfer of wealth important to social mobility?
Because taxation is theft, and welfare bums don't deserve a dime of free money.
Just as you can give money away for free to charity and beggers, you should have the right to give money and property away for free to friends and family simply by virtue of being friends and family.
>Convert wealth to some asset able to be easily stored and sold, such as gold coins
>Dig a hole somewhere on property
>Offspring mysteriously find it with a metal detector after you die
Good. What did those descendents do to earn that money? It's like when you see the families of Jack Kirby or Joel Siegel and Jerry Shuster sue Marvel or DC for rights to characters or concepts that their parents created or the estate of Arthur Conan Doyle preventing Sherlock Holmes from going into the public domain.
Greedy children and grandchildren who have done nothing but trade their name for coin and would horde wealth and culture for themselves only are as cancerous to any state as a commie or jew.
Why not round up all jews, extract any gold fillings they may have and use that to fund the welfare state, if we come up short, we can render them into soap and lampshades and sell it to the Chinese to cover our trade imbalance?
Did you read anything that I said?
I really doubt that natural law or graverobbing are on the socialist agenda.
Plus explain how in the hell you own things after you're dead.
Or the population or the weather ffs. Chi town is done. Politicians promising pensions for votes now. The people didnt plan and now have nothing. Seniors on welfare which the state cant pay. This shit is borderline evil.
Hope this bitch gets enriched hard
Normalizing differences is no different that promoting social equality. You are a crypto-commie.
I would shoot you if you tried to implement this in America. Thankful you don't live anywhere near me.
If you don't like the idea of inheritance, then don't give anything to your children. But don't try to dictate what other people do with their wealth.
>Plus explain how in the hell you own things after you're dead.
Please explain how in the hell the state has ANY sort of claim on my stuff after I'm dead.
/thread
>Because taxation is theft
Then the state is an unnatural entity and should be abolished. You think anarchism is a good thing, right?
Taxation is necessary for a state to be able to function. Can't collect taxes, then the state doesn't work. Can't pay your military, can't pay your police, can't pay your bureaucrats, can't pay for infrastructure upkeep. Without taxation where is the money supposed to come from? Does it just magically appear from the ether into a state treasury? Well manufacturing and trade exist but that's all private so again that would need to be taxed... unless you wanted all industry and trade nationalized so the government is collecting all of that profit directly.
god bless
I've got a better idea.
A literal wealth cap.
Nobody's net worth is allowed to exceed X dollars (where X is a bit above upper-middle class). If the net worth does exceed X dollars the excess is just confiscated.
>but muh incentive to work
lol wut
People will work until they hit the wealth cap, stop working, blow through some of their money, and then go back to working again. Think of it like a forced vacation. It encourages churn in the workforce and keeps boomers from sucking up all the jobs.
No. The math goes something like this:
At each generation, you keep 70 percent of the original wealth. So your share is 100 * 0.7^n, where n is the number of generations. The government's share is 100 - YOUR_SHARE, or 100 * (1 - 0.7^n). After 1 generation, the government has taken 30 percent; 2 generations, 51 percent; 3 generations, 65.7 percent; and 4 generations, 75.99 percent.
What if people want to work, and not take a vacation, but don't want to do it for free?
>Not allowed to give your shit to your flesh and blood ingrates that don't deserve it
>Instead the Government has to take it and give it to strangers that don't deserve it
I fucking hate commies. Bunch of jealous and greedy weaklings using the violence of the state to get a share of things they didn't earn.
>inheritance tax is the most evil of all taxes
Ohio has no inheritance tax.
That would be illegal.
Here is a warning to all. 100% Inheritance tax is a weapon against the super rich. Families that have money you cannot comprehend. It is designed to take away that unfair starting advantage in our society. Her idea of it being used for an welfare state wouldn't work as well as being wrong in principle. Even if the super rich left the country, we could prevent them from being active in our government!
Or theyll just take cash on the side. No employer wants a revolving door at the top. They arent burger flippers
Shut the hell up you stupid CUNT!
Again, it promotes an equal starting point for inequality to prevent those who are otherwise incompetent from getting a free pass because of their family (ex.: Jeb, the Habsburgs). In adulthood, the outcomes of these people would be intrinsically unequal; and that's a good thing. I just don't think that libertarianism/capitalism should devolve into their opposites.
I didn't say that the state has a claim on shit, just that it can actually use what is useless for the dead (unless you smooth-ass think you need a gold coin to pay Charon).
If a man wants to live in a house covered in gold and diamonds, and the finest of silks, and whatever other expensive shit he can throw into it, and he has the ability to afford it by his wages, why shouldn't he be able to build and live in that house? Why should the government confiscate it?
But why SHOULD it be illegal? What moral wrong is he doing?
>Or theyll just take cash on the side
Which would be illegal, and they would go to jail if they got caught.
>but how would you catch them
The same way we catch financial criminals today.
I just realised you're a tripfag. Don't expect further reply.
Stop the wars and cut military spending to avout 5% of current.
End the fed money scam and erase the national debt because it is fraudulent.
Reduce taxes by 75%
still plenty of money for education, healthcare, infrastructure, housing, everything.
> Not burying all your wealth with you like an Egyptian god
And I just realized you're a dumb Aussie shitposter. Your opinions have thus been invalidated.
The rich would find ways to hide their money, it would only apply to the upper middle classes.
The funniest thing about being anti-inheritance is that liberal socialist retards think this would be an epic smackdown to le evil undeserved rich but let's game this out.
Rich kids without inheritance: still have a massive step-up in life from their parents being able to pay for them to get the best school, the best tutors, the best doctors ect and when it's time for them to make their own way in the world they will already have the best contacts and be accepted into the best jobs.
Poor kids without inheritance: grow up in a shithole with a shit education with parents who are never there and after their parents struggle all their lives in horrible jobs to get a pathetic amount of money to hand over to their kids sorry the state takes all that so why did they even bother and the kids are left with literally nothing.
They want to usher in an age of neofeudalism.
>let's screw-over all hopes of the middle-class's future investments for the sake of Tyrone and Juan's gibs
The day we start robbing the dead is the day I ___ ____ _____ _ government office
>we could prevent them from being active in our government
Nah, they'll just pay politicians to say what they want to say, while not being American.
You are literally just repeating yourself.
Again, you are advocating taking wealth from people and redistributing it. Because they are dead and it isn't fair. Well tough shit crypto-commie, that's life. If you don't like the idea of inheritance, then don't give any to your kids. But advocating the state should come in and seize all of their wealth and assets of someone because they died is completely retarded.
>just that it can actually use what is useless for the dead
So you are advocating the state taking it
Seriously, if you tried this in America you would have the entire country in armed revolt
Haha ok. How? More goverment? Implants with electro currency? Theyll just pay themsrlvrs with land, covert stocks or a myriad of other ways. I envy your innocence though user
Because taxing something twice is immoral. Easy...
nobody saves anyway
>"IT'S LITERALLY IMPOSSIBLE TO CATCH FINANCIAL CRIMINALS"
maybe if you're an illiterate spic
Um, no. Sorry, but the government has been taxing me ever since I got my first job. They get theirs every month when they take it out of my paycheck. There's literally no justification for them to tax the wealth I've accumulated after having taxed it already while I was earning it. I don't support the government taxing the results of my hard work so a bunch of stupid niggers can contribute nothing to society and not work.